The top management of MPSEZ met to decide on the final price band of its public issue, which was the first of its kind in India. While the lead underwriter had suggested a price band of Rs. 400-440, the company officials were not very sure about the same. It was up to the top management to decide on the final price band, using all the financial details and company history. If the pricing was too aggressive, the issue could fail and if it was underpriced, the company would end up raising less money than anticipated.